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NYSE: XOXO(common stock)

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Press Release Details

XO Group Furthers Mission Of Empowering Women By Teaming Up With I AM THAT GIRL And Honoring FoundHERS On International Women's Day

03/08/2018

XO Group FoundHERS Movement Celebrates Women of All Ages Who Are Founders of Their Own Purpose & Mission in Life

NEW YORK, March 8, 2018 /PRNewswire/ -- In honor of International Women's Day, XO Group Inc. (NYSE: XOXO) kicks off a partnership with I AM THAT GIRL, a nonprofit organization that empowers girls to speak their truth, love themselves and be the leaders of the future, with the #FutureIsFoundHERS event at its NYC headquarters tonight. Furthering XO Group's long-standing mission to support and empower women, the #FutureIsFoundHERS event will host top female leaders to honor the achievements of high school and college-aged girls from I AM THAT GIRL who are owning their own mission in life and creating change in their communities. The partnership with I AM THAT GIRL marks XO Group's expansion of its successful FoundHERS event series into digital and social content highlighting the stories of female leaders, plus a reciprocal mentorship program for all ages, and the creation of a female empowerment and leadership curriculum that will be shared with the 300 local chapters of I AM THAT GIRL.

XO Group Inc. (PRNewsFoto/XO Group Inc.) (PRNewsfoto/XO Group Inc.)

Since XO Group launched in 1996 with a female cofounder, the company has empowered millions of women to stay true to themselves. From giving brides on The Knot the confidence to break the rules brilliantly, to encouraging moms on The Bump to free themselves of mommy-judgments, the family of brands within XO Group has always sought to breed generations of FoundHERS—women who love who they are and who are founders of their own purpose and mission in life, however they choose to define it. FoundHERS can exist at any age, occupation or job title, and XO Group created the FoundHERS movement and partnership with I AM THAT GIRL to show that women can create change and be mentors at any age or any stage of their life or career.

"We're incredibly proud to honor the achievements and support the growth of our future female leaders by partnering with I AM THAT GIRL," said Dhanusha Sivajee, Executive Vice President, Marketing & Editorial, XO Group Inc. "Now more than ever do women need to band together and invest in our future politicians, moms, CEOs, founders and leaders of our world."

"It's a privilege to partner with an organization that shares our values in supporting and inspiring women in all walks of life. We are thrilled to team up with XO Group, collaborating to create programs that continue to build stronger, braver, compassionate female leaders," said Christy Reeves, CEO, I AM THAT GIRL. "Together, we are celebrating girls and bringing out the best of people in our communities."

In 2016, XO Group created the FoundHERS event series featuring female leaders sharing their professional journeys—the highs, lows, challenges and wins—in a candid fireside chat. Tonight, XO Group will bring together 150+ badass females under their roof to celebrate FoundHERS and shine a light on I AM THAT GIRL members Jolie Brownell, Brooke Overturf, Juliette Mogenson, Shana Kheradyar and Trinity Monteiro, who have defined their purpose and mission and are using it to help others.

XO Group will continue to share the stories of #XOFoundHERS through in-person events, on social media and online. To follow the latest news and featured FoundHERS, go to https://xogroupinc.com/foundhers/ or follow #XOFoundHERS on social media.

About XO Group Inc.
Our mission is to help people navigate and truly enjoy life's biggest moments together. Our multiplatform brands guide couples through transformative lifestages—from getting married to moving in together and having a baby—and include The Knot (the #1 wedding planning resource), The Bump (a leading pregnancy and parenting brand), The Nest (the hip guide to all things home for new couples), and GigMasters (a leading event marketplace). The company is publicly listed on the New York Stock Exchange (XOXO) and is headquartered in New York City.

Forward-Looking Statements
This release may contain projections or other forward-looking statements regarding future events or our future financial performance. These statements are only predictions and reflect our current beliefs and expectations. Actual events or results may differ materially from those contained in the projections or forward-looking statements. It is routine for internal projections and expectations to change, and therefore it should be clearly understood that the internal projections and beliefs upon which we base our expectations may change. Although these expectations may change, we will not necessarily inform you if they do or update this release. Please refer to documents we file from time to time with the Securities and Exchange Commission for a discussion of the risks and other factors that could cause actual results to differ materially from the forward-looking statements contained herein. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/xo-group-furthers-mission-of-empowering-women-by-teaming-up-with-i-am-that-girl-and-honoring-foundhers-on-international-womens-day-300610803.html

SOURCE XO Group Inc.

Melissa Bach, Director, Public Relations, XO Group Inc., (212) 515-3594, mbach@xogrp.com; Lauren Nolan, Manager, Public Relations, XO Group Inc., (212) 515-3595, lnolan@xogrp.com

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Non-GAAP Information

XO Group Inc also uses certain financial measures that are not prepared in accordance with generally accepted accounting principles in the United States ("U.S. GAAP"), including adjusted EBITDA, adjusted net income, adjusted net income per diluted share and free cash flow. These non-GAAP measures have important limitations as analytical tools and should not be considered in isolation or as substitutes for an analysis of our results as reported under U.S. GAAP. Our use of these terms may vary from the use of similarly-titled measures by others in our industry due to the potential inconsistencies in the method of calculation and differences due to items subject to interpretation.

Management defines its non-GAAP financial measures as follows:

  • Adjusted EBITDA represents U.S. GAAP net income (loss) adjusted to exclude, if applicable: (1) provision (benefit) for income taxes, (2) depreciation and amortization, (3) stock-based compensation expense, (4) impairment charges and asset write-offs, (5) loss in equity interests, (6) interest and other income, net (7) net loss attributable to non-controlling interest and (8) other items impacting comparability in the period.
  • Adjusted net income represents U.S. GAAP net income (loss), adjusted for incremental or unusual costs incurred in the current period, which may include: (1) impairment charges and asset write-offs, (2) executive severance and other restructuring charges and (3) the impact of certain foreign taxes, interest and penalties.
  • Adjusted net income per diluted share represents adjusted net income (as defined above), divided by the diluted weighted-average number of shares outstanding for the period.
  • Free cash flow represents U.S. GAAP net cash provided by operations, less capital expenditures.

Management believes that these non-GAAP financial measures, when viewed with our results under U.S. GAAP and the accompanying reconciliations, provide useful information about our period-over-period growth and provide additional information that is useful for evaluating our operating performance. However, adjusted EBITDA, adjusted net income, adjusted net income per diluted share and free cash flow are not measures of financial performance under U.S. GAAP and, accordingly, should not be considered substitutes for or superior to net income (loss) and net income (loss) per diluted share and net cash provided by operating activities as indicators of operating performance. A reconciliation of GAAP to Non-GAAP financial measures is included in the periodic reports and other documents filed from time-to-time by XO Group with the Securities and Exchange Commission.

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